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The aim of the article is to verify the convergence process of the Central and Eastern Europe (CEE) (CEE10) countries … economic integration and convergence as well as business environment and growth. The study methods applied in in the article …10 and EU15 countries were developing in accordance with the convergence hypothesis. The impact of economic integration …
Persistent link: https://www.econbiz.de/10013199566
Persistent link: https://www.econbiz.de/10011695888
The relationship between income inequality and economic growth is complex. Some inequality is integral to the effective functioning of a market economy and the incentives needed for investment and growth. But inequality can also be destructive to growth, for example by amplifying the risk of...
Persistent link: https://www.econbiz.de/10014363231
Broadband infrastructure enables fast access to the internet, which, evidence suggests, has significant effects on economic growth. However, labor market related issues have not received as much consideration. These include quantifying employment effects of broadband infrastructure roll-out and...
Persistent link: https://www.econbiz.de/10011662659
This study investigates the impact of Nigerian government expenditure (disaggregated into capital and recurrent) on economic growth using time series data for the period 1970-2019. The paper employs Autoregressive Distributed Lag (ARDL) model. To ensure robustness of results, the study accounts...
Persistent link: https://www.econbiz.de/10012604585
The study assesses the relevance of infrastructural absorptive capacity in the foreign direct investment (FDI)-growth argument in ECOWAS. Though foreign aid has received a vast attention in the literature, however, an assessment of how the infrastructural readiness of the host economies drives...
Persistent link: https://www.econbiz.de/10012657595
This paper examines the relationship between infrastructure investment activity, capital market development, the role of public institutions and economic development in the Asia Pacific. It adopts a review approach drawing on empirical evidence over recent decades. Infrastructure is shown to be...
Persistent link: https://www.econbiz.de/10011709029
Provision of efficient, reliable, and affordable infrastructure is essential for economic growth. Transportation infrastructure in particular, is vital to the prosperity of regions. To investigate the relationship and the direction of causality between transport infrastructure, investment in...
Persistent link: https://www.econbiz.de/10012151164
This paper analyzes the issue of convergence in OECD countries and tries to assess the effect of financial crisis on … the process of convergence. In other words it will consider whether the global financial crisis pulled the economies of … the convergence process as the Great Depression had 80 years ago. It will analyze the most important macroeconomic data …
Persistent link: https://www.econbiz.de/10011922365
of the CEE countries and the reference emerging economies. We use two econometric methods: income-level convergence …) resulted from the mechanism of absolute convergence. There were signs, however, that the former group was subject to a … conditional beta convergence. (3) Rapid economic growth of the CEE-10 countries has been driven to a large extent by the increase …
Persistent link: https://www.econbiz.de/10011448801